Singapore Dollar

Singapore Dollar

The Singapore dollar (sign: S$; code: SGD) is the official currency of Singapore. It is divided into 100 cents. It is normally abbreviated with the dollar sign $, or S$ to distinguish it from other dollar-denominated currencies. The Monetary Authority of Singapore issues the banknotes and coins of the Singapore dollar. As of 2016, the Singapore dollar is the twelfth-most traded currency in the world by value. Apart from its use in Singapore, the Singapore dollar is also accepted as customary tender in Brunei according to the Currency Interchangeability Agreement between the Monetary Authority of Singapore and the Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam). Likewise, the Brunei dollar is also customarily accepted in Singapore.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

1 Singapore Dollar to Australian Dollar exchange rates chart

1 SGD to AUD exchange rates graph
1 SGD to AUD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 SGD to AUD exchange rates table

Exchange SGD to AUD
1 Singapore Dollar = 1.029 Australian Dollar
2 Singapore Dollar = 2.058 Australian Dollar
5 Singapore Dollar = 5.146 Australian Dollar
10 Singapore Dollar = 10.292 Australian Dollar
Exchange Singapore Dollar to Australian Dollar
1 Singapore Dollar to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best SGD/AUD rate at United Currency Exchange in Melbourne

1 SGD to AUD exchange rates at United Currency Exchange in Melbourne
1 Singapore Dollar = 1.006 Australian Dollar
United Currency Exchange
United Currency Exchange

United Currency Exchange was founded in 2006 and firstly established in Victoria, Australia. The company operates specifically as a foreign currency exchange dealer servicing international tourists and budget travellers. As the business operates in financial services industry, United Currency Exchange is committed to deliver excellent customer services as well as professionalism throughout its services. We buy and sell foreign currencies at very competitive exchange rates with no commissions,...

Best SGD/AUD rate at Wexchange in Melbourne

1 SGD to AUD exchange rates at Wexchange in Melbourne
1 Singapore Dollar = 0.986 Australian Dollar
Wexchange
Wexchange

The WeXchange service is provided by WeXchange Pty Ltd ABN 52 155 326 846, under AFSL 411932 & AR 472473. We have four locations across Australia equipped with state-of-theart automatic cash counters, and an online store to ensure we are meeting your needs wherever you are, twentyfour hours a day and seven days a week. We welcome all enquiries so contact our friendly service team online or pop in-store today. WeXchange is a foreign exchange service provider that is committed to providing...

Best SGD/AUD rate at POSB in Singapore

1 SGD to AUD exchange rates at POSB in Singapore
1 Singapore Dollar = 1.015 Australian Dollar
POSB
POSB

POSB Bank (or simply known as POSB) is a Singaporean bank offering consumer banking services and is the oldest bank in continuous operation in Singapore. Established on January 1, 1877 as the Post Office Savings Bank,[1] the bank now operates as part of DBS Bank, which acquired the institution and its subsidiaries on November 16, 1998.[2] Prior to its acquisition, the bank was a major public bank offering low-cost banking services to Singaporeans. DBS Bank attempts to continue this tradition...

1 SGD to AUD exchange rates news

XRP was the Hottest Product on eToro in 2018
XRP was the Hottest Product on eToro in 2018

XRP eToro. Some claim that 2018 was the worst investment year in recent times. It was full of market volatility and economic downturns, and many investors now look back with regret at profits that were wiped out, or chances that were lost.

1 day conditional positive
Asian stocks rise on Fed restraint, U.S-China trade hopes

Asian markets are mostly higher as investors cheer a more reactive Federal Reserve and U.S.-China trade talks

5 days indicative positive
New year brings fresh hopes for bulls in Asian currencies

With the trade talk outcome still uncertain, failure could quickly reignite pressure on the yuan with some still expecting it to breach the key 7-per-dollar mark on dimming growth outlook.

6 days subjunctive neutral
Singapore Gets First SGD-Backed Stablecoins
Singapore Gets First SGD-Backed Stablecoins

Stablecoin Singapore. A new stablecoin project called Singapore Dollar Rate (SGDR) has launched in Singapore. Created by the team behind blockchain startup Rate, SGDR is said to be the first Singapore dollar-backed stablecoin.

9 days conditional neutral
Dollar gains, but outlook suggests weak trend

The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.

6 days indicative negative
Key indicators from the Australian economy in 2018

There is little doubt that 2018 was a year of ups and downs in many sectors as worldwide volatility attempted to undermine what could otherwise have been a year of gains in certain areas.

17 days conditional neutral
Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Floating the dollar 35 years ago was a leap into the unknown. Here's how it has served us well.

about 1 month conditional neutral

1 SGD to AUD currency converter